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Categories Business

U.S. lawmakers move to ban China’s DeepSeek from government devices

February 7, 2025

A bipartisan congressional bill is being introduced to ban China’s DeepSeek artificial intelligence software from government devices. U.S. Reps. Darin LaHood, R-Ill.,

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Categories Business

How Calvin Klein and Tommy Hilfiger got caught in Trump’s trade war with China

February 7, 2025

China has blacklisted the owner of Calvin Klein and Tommy Hilfiger, which could force the company to shut down stores and manufacturing

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Categories Business

Amazon set to pass Walmart in revenue for first time

February 7, 2025

Amazon long ago passed Walmart in terms of market cap, but the e-commerce giant is finally poised to leapfrog its brick-and-mortar rival by another key

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Categories Business

Chipotle downplays looming Trump tariffs, says only half of its avocados are from Mexico

February 7, 2025

Chipotle Mexican Grill said Tuesday that it does not expect costs to rise much if tariffs on key imported ingredients go into effect

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Categories Business

All Quiksilver, Billabong and Volcom stores to close in U.S.

February 7, 2025

All Quiksilver, Billabong and Volcom stores in the United States will close after their operator filed for bankruptcy protection.  Altogether over 100 stores

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Categories Business

Lara Trump to host weekend show on Fox News

February 7, 2025

President Donald Trump’s daughter-in-law Lara Trump will host a weekend show on Fox News, the news channel announced Wednesday. ‘My View with

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Categories Business

Some tariff concessions from Canada and Mexico touted by Trump lack substance, experts say

February 7, 2025

President Donald Trump and his supporters have heralded his use of tariff threats to extract concessions on drug trafficking and border security

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Categories Business

Disney tops quarterly profit estimates, but starts to lose Disney+ streaming subscribers

February 6, 2025

Disney posted fiscal first-quarter earnings Wednesday that beat on the top and bottom lines, but revealed the beginnings of expected streaming subscriber losses

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Categories Business

USPS resumes shipments from China in abrupt about-face

February 6, 2025

The U.S. Postal Service has agreed to resume accepting shipments from China, less than 12 hours after announcing it would stop doing

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Categories Business

Boeing’s Starliner losses top $2 billion after spacecraft program reports worst year yet

February 6, 2025

Boeing has lost more than $2 billion and counting on its Starliner spacecraft after a rough year in which the capsule’s first astronaut

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